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May 30, 2024
(Bloomberg) -- Around the world, people are already living through the havoc brought on by global temperatures that are breaking records. It’s about to get a lot worse. Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs Soar‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpWarning Signals Are Flashing for Homeowners in Texas and FloridaInsurers Sink as UnitedHealth Sees ‘Disturbance’ in MedicaidAmerican Air Fi...
May 19, 2024
(Bloomberg) -- From silver and gold to natural gas and orange juice, commodities are on a tear — with a gauge of major raw materials showing a steady march upwards. Meanwhile, copper markets are in upheaval following a short squeeze in New York. And Middle East conflicts continue to disrupt the flows of liquefied natural gas while driving up shipping costs.Most Read from BloombergIran’s President Missing After Helicopter Crash in Dense FogEven If Alito Is Right, the Upside-Down Fla...
April 19, 2024
(Bloomberg) -- At no stage this week did crude futures trade higher than where they were last Friday, before Iran’s attack on Israel. Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to Them‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranAnd while prices jumped again this Fri...
April 8, 2024
The possibility of US$100 is becoming more of a reality, intensifying U.S. fears for a commodity-driven resurgence of inflation. Read more.
March 13, 2024
Disruptions on the worldโs major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making forecasts difficult in the run-up to a US presidential election in which inflation will be a key issue. Increases in the two most-consumed fuels are outpacing those for crude oil…
March 12, 2024
(Bloomberg) -- Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making forecasts difficult in the run-up to a US presidential election in which inflation will be a key issue.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Rally Stalls in Countdown to Inflation Data: Markets WrapChina Has Never Canceled This Many Shipments of US WheatTech CEOs Are Addicted to Taking Needle...
March 12, 2024
(Bloomberg) -- Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices and making forecasts difficult in the run-up to a US presidential election in which inflation will be a key issue.Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapOne of the Most Infamous Trades on Wall Street Is Roaring BackUS Core Inflation Tops Forecasts Again, Reinforcing Fed CautionChina Has Never Canceled This Ma...
December 17, 2023
(Bloomberg) -- OPEC’s one-time nemesis — US shale — is rearing its head just months after the sector was all but written off as a threat to the cartel’s sway over worldwide oil markets.Most Read from BloombergNetanyahu, Under Pressure Over Hostage Deaths, Vows to Press On‘Underwater’ Car Loans Signal US Consumers Slammed by High RatesUS Navy Shoots Down 14-Drone Wave as Shippers Avoid Red SeaMike Johnson May Be the Next House Speaker to Lose His JobWall ...
November 9, 2023
(Bloomberg) -- The big bang expected for oil prices this year is turning into a whimper. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’US 30-Year Mortgage Rate Tumbles by Most in More Than a YearAdam Neumann Remains a Billionaire Even With WeWork BankruptcyVirginia Democrats Fend Off Republican Sweep in Win for Abortion RightsEverything We Know About Grand Theft Auto 6 Right NowJust weeks ago, Brent crude was on the cusp of finally fulfill...
October 4, 2023
The Keystone crude pipeline, a vital artery transporting Canadian oil to markets in the US and overseas, is operating at about half of its capacity after aโฆ